3437 Main StKeokuk, IA 52632

  • Office buildings
  • 1,600 SF
For Sale
$175,000 View listing

Property Details for 3437 Main St

Year built
1957
Construction
FRAME
Lot size
0.68 AC
Property size (Sq ft)
1,600 SF
Property type
Office buildings
APN
04-45-21-23-100-0140
APU
44521231000140

Description

This exceptional 1,600 square foot commercial office building is strategically located at 3437 Main Street in Keokuk, Iowa. Situated on a 0.68-acre lot, this single-story property offers unparalleled visibility from a high-traffic intersection, ensuring maximum exposure for your business. The building boasts five generously sized private offices, perfect for individual work or team collaboration. A large reception area provides a welcoming space for clients and visitors. A convenient kitchen/break room offers a comfortable area for staff and guests. The property also includes a detached garage, providing additional storage or workspace. Ample on-site parking is available, eliminating parking hassles for employees and customers. The property's prime location and functional layout make it an ideal space for a variety of businesses seeking a prominent and accessible location in Keokuk. The asking price for this exceptional opportunity is $175,000. Don't miss the chance to own this well-maintained and highly visible commercial property. Schedule your showing today.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $428,066
    6.5%
    $395,138
    7%
    $366,914
  • Comparable approach

    Method
    Valuation
    Relative Method
    $124,736
    Geo Method
    $124,736
  • Alternative Use

    Use
    Valuation
    Residential
    $489,971
    Hospitality
    $448,811
    Educational
    $373,406
    Medical
    $386,248
    Retail
    $580,853

Location Insight

City
Keokuk
County
Lee
State
Iowa
Latitude
40.4203
Longitude
-91.4083
CBSA code
22800
CBSA name
FORT MADISON-KEOKUK, IA-IL-MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,690
$132,600
$60,090
$192,690
-
$132,600
$60,090
$192,690

FAQs

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